Infinium Global Research has added
a new report on Neoprene
Market. The report presents analysis of global as well as regional
markets of neoprene market over the period of 2016 to 2024. Neoprene is a
family of synthetic rubbers that are produced by polymerization of chloroprene.
It is also called as polychloroprene or pc-rubber. Neoprene exhibits good
chemical stability and maintains flexibility over a wide temperature range.
Several benefits of neoprene include heat resistance, ozone resistance,
electrical resistance, and anti-weathering properties,that makes neoprene a
very useful component in the construction and roofing sectors. Additionally, it
has several applications in the mass transit industry, automotive industry, and
electrical industry.
Asia-Pacific region
accounted for the largest market share of the global neoprene market due to
widespread demand in construction, automotive and other industrial segments in countries like China, and India, and Japan.
Neoprene based product finds wide-ranging of applications in the construction
sector such as window seals, customized window gaskets, bridge bearing pads and
highway & bridge seals which will boost the growth of neoprene market in
this region in coming years. North
America neoprene market size constitute a significant chunk of the overall
business size in 2017. Strong automotive
demand in the North America region will trigger the product demand, which would
help to boost the neoprene market in this region. According to OICA, North
America automotive sales recorded in 2012 was 2.3 million units which rose to
2.5 million units by the end of 2017. The trend is projected to continue in the
forecast period which will drive overall product demand in the coming years. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global neoprene market but also make
strategic decisions to capture the most lucrative markets in the near future. The
market size is presented in terms of value for the historic year 2016 and
estimated for forecast period of 2018-2024.
Get
15% discount for early purchase of global neoprene market report by clicking
the following link, Use code IGRD15 to request the discount in the given form
https://www.infiniumglobalresearch.com/reports/request-discount/1856
The recent report identified that
Asia dominated the global neoprene market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the neoprene market worldwide.
The report segments the global
neoprene market on the basis of Type and End User.
Global Neoprene Market by Type
·
Normal Linear Grades
·
Precrosslinked Grades
·
Sulfur-modified Grades
·
Slow Crystallizing Grades
Global Neoprene Market by End User
·
Latex
·
Elastomers
·
Coatings
·
Building & Constrution
·
Automotive
·
Electrical
Companies Profiled in the Report
·
Dupont
·
Bayer AG
·
EniChem
·
Denki Kagaku Kogyo
·
TOSOH Corporation
·
Showa DDE
·
Changshou
·
Haitong
·
Hecheng
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